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Nvidia’s Q4 revenues hit $22.1B, up 265% from a year ago
Nvidia reported $22.1 billion in revenue today for its fourth fiscal quarter of fiscal 2024 (ending January 31, 2023), easily topping Wall Street’s expectations.
Nvidia’s Omniverse partners include major car makers.For the first fiscal quarter ending January 31, 2024, analysts expected earnings per share of $5 on revenue of $22.17 billion. Collette Kress, CFO, said in a statement these increases reflect higher shipments of the Nvidia Hopper GPU computing platform used for the training and inference of large language models, recommendation engines, and generative AI applications, along with InfiniBand end-to-end solutions. Strong demand was driven by enterprise software and consumer internet applications, and multiple industry verticals including automotive, financial services, and healthcare.
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